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PUBLISHER: The Insight Partners | PRODUCT CODE: 1007342

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PUBLISHER: The Insight Partners | PRODUCT CODE: 1007342

North America Biomedical Sensors Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type ; Sensor Type ; Product ; Application

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The North America biomedical sensors market is expected to reach US$ 5,909.54 million by 2027 from US$ 3,313.94 million in 2019. The market is estimated to grow at a CAGR of 7.5% during 2020-2027.

The growth of the North America biomedical sensors market is attributed to the key driving factors such as the rising incidence of lifestyle-based diseases and an increasing adoption of biomedical sensors. However, the security concerns regarding the use of biomedical sensors hinder the market growth.

Biomedical sensors are used in regular health monitoring. According to the World Health Organization (WHO), it is estimated that nearly 17.9 million people die due to cardiovascular diseases worldwide, which accounts for 31% of all the deaths worldwide. The increasing incidence of cardiac arrest, high blood pressure, and strokes surges the demand for point-of-care monitoring sensors. Moreover, numerous awareness programs have been organized by governmental organizations to control and prevent diseases. For instance, the National Heart Disease and Stroke Prevention Program and Lipid Standardization Program are conducted by Centre for Disease Control and Prevention (CDC) to create awareness among the population. These programs consist of trainings and campaigns to spread awareness regarding the ill effects of cholesterol; also, provide education to the hospital staffs. Thus, the rising incidence of lifestyle-based diseases drives the market's growth.

North America reported the rising number of COVID-19 positive cases since its outbreak. The clinical and product development engine is experiencing significant disruption as researchers and clinicians are adjusting to work in remote environments and lab capacity is reduced. Clinical trials are also severely affected by disruptions in both new enrolment and in keeping existing patients on therapies. The impact of COVID-19 outbreak has placed many biomedical sensors companies under pressure. However, the demand for R&D activity is increasing that is leading to a rise in medical device assistance for the detection of COVID-19, which is driving the medical device industry. For instance, the researchers of the University of Illinois Grainger College of Engineering developed an ultrasensitive test using a paper-based electrochemical sensor that is capable of detecting the presence of the coronavirus in five minutes.

The Government of Canada invested $25.8 million in COVID-19 research to contribute to the global efforts for research on medical counter measures against COVID-19. For instance, a research project on "Rapid, Ultrasensitive Clinical Detection of 2019 Novel Coronavirus (nCOVID-19) by Novel Microfluidic Electrochemical Nano-Biosensors" was funded US$ 0.79 million. During the first wave of COVID-19 outbreak, the Government of Canada provided the funding of $26.8 million for COVID-19 research projects through the CIHR, the Natural Sciences and Engineering Research Council of Canada (NSERC), the Social Sciences and Humanities Research Council (SSHRC), the International Development Research Centre (IDRC), the Canada Research Coordinating Committee (CRCC) through the New Frontiers in Research Fund (NFRF), and Genome Canada (GC). Thus, increasing funding by the government in research and development activities is anticipated to bolster the growth of the biomedical sensors market.

Based on type, the North America biomedical sensors market is bifurcated into wired and wireless. The wireless segment held a larger market share in 2019, also the same segment is anticipated to register a higher CAGR in the market during the forecast period.

By sensor type, the North America biomedical sensors market is segmented into temperature, pressure, image sensors, biochemical, inertial sensors, motion sensors, electrocardiogram (ECG), and other sensor types. The temperature segment held the largest market share in 2019, whereas the motion sensors segment is anticipated to register the highest CAGR in the market during 2020-2027.

The North America biomedical sensors market, by product, is bifurcated into invasive sensors and non-invasive sensors. The non-invasive sensors segment held a larger market share in 2019, also the same segment is anticipated to register a higher CAGR in the market during the forecast period.

Based on application, the North America biomedical sensors market is segmented into medical diagnostics, clinical therapy, imaging, and personal healthcare. The medical diagnostics segment held the largest market share in 2019, whereas the personal healthcare segment is anticipated to register the highest CAGR in the market during 2020-2027.

A few of the major primary and secondary sources referred to while preparing the report on the North America biomedical sensors market are Natural Sciences and Engineering Research Council of Canada (NSERC), the American Heart Association, and Heart Rhythm Society .

Reasons to Buy:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America biomedical sensors market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the North America biomedical sensors market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth, offering developed and emerging markets.
  • Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.
Product Code: TIPRE00022139

Table Of Contents

1. Introduction

  • 1.1 Scope of the Study
  • 1.2 The Insight Partners Research Report Guidance
  • 1.3 Market Segmentation
    • 1.3.1 Biomedical Sensors Market - By Type
    • 1.3.2 Biomedical Sensors Market - By Sensor Type
    • 1.3.3 Biomedical Sensors Market - By Product
    • 1.3.4 Biomedical Sensors Market - By Application
    • 1.3.5 North America Biomedical sensors Market - By Country

2. North America Biomedical Sensors Market - Key Takeaways

3. Research Methodology

  • 3.1 Coverage
  • 3.2 Secondary Research
  • 3.3 Primary Research

4. North America Biomedical Sensors Market - Market Landscape

  • 4.1 Overview
  • 4.2 PEST Analysis
    • 4.2.1 Biomedical Sensors Market- North America PEST Analysis
  • 4.3 Expert Opinion

5. North America Biomedical Sensors Market - Key Market Dynamics

  • 5.1 Market Drivers
    • 5.1.1 Rising Incidence of Lifestyle Based Diseases
    • 5.1.2 Increasing Adoption of Biomedical Sensors
  • 5.2 Market Restraints
    • 5.2.1 Security Concerns Regarding the Use of Biomedical Sensors
  • 5.3 Market Opportunities
    • 5.3.1 Technological Advancements in Biomedical Sensors
  • 5.4 Future Trends
    • 5.4.1 Innovations in Biomedical Sensors
  • 5.5 Impact Analysis

6. Biomedical Sensors Market - North America Analysis

  • 6.1 North America Biomedical Sensors Market Revenue Forecasts and Analysis

7. North America Biomedical Sensors Market Analysis and Forecasts To 2027 - By Type

  • 7.1 Overview
  • 7.2 Biomedical Sensors Market Revenue Share, by Type (2019 and 2027)
  • 7.3 Wired Sensor
    • 7.3.1 Overview
    • 7.3.2 Wired Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • 7.4 Wireless Sensor
    • 7.4.1 Overview
    • 7.4.2 Wireless Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)

8. North America Biomedical Sensors Market Analysis and Forecasts to 2027- By Sensor Type

  • 8.1 Overview
  • 8.2 Biomedical Sensors Market Revenue Share, by Sensor Type (2019 and 2027)
  • 8.3 Temperature Sensor
    • 8.3.1 Overview
    • 8.3.2 Temperature Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • 8.4 Pressure Sensor
    • 8.4.1 Overview
    • 8.4.2 Pressure Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • 8.5 Image Sensor
    • 8.5.1 Overview
    • 8.5.2 Image Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • 8.6 Biochemical Sensor
    • 8.6.1 Overview
    • 8.6.2 Biochemical Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • 8.7 Inertial Sensor
    • 8.7.1 Overview
    • 8.7.2 Inertial Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • 8.8 Motion Sensor
    • 8.8.1 Overview
    • 8.8.2 Motion Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • 8.9 Electrocardiogram (ECG)
    • 8.9.1 Overview
    • 8.9.2 Electrocardiogram : Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • 8.10 Other Sensor Types
    • 8.10.1 Overview
    • 8.10.2 Other Sensor Type : Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)

9. North America Biomedical Sensors Market Analysis and Forecasts to 2027- By Product

  • 9.1 Overview
  • 9.2 Biomedical Sensors Market Share, by Product, 2019 and 2027, (%)
  • 9.3 Invasive Sensors
    • 9.3.1 Overview
    • 9.3.2 Invasive Sensors: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • 9.4 Non-Invasive Sensors
    • 9.4.1 Overview
    • 9.4.2 Non-Invasive Sensors: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)

10. North America Biomedical Sensors Market Analysis and Forecasts to 2027- By Application

  • 10.1 Overview
  • 10.2 Biomedical Sensors Market Share, by Application, 2019 and 2027, (%)
  • 10.3 Medical Diagnostic
    • 10.3.1 Overview
    • 10.3.2 Medical Diagnostic: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • 10.4 Clinical Therapy
    • 10.4.1 Overview
    • 10.4.2 Clinical Therapy: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • 10.5 Imaging
    • 10.5.1 Overview
    • 10.5.2 Imaging: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • 10.6 Personal Healthcare
    • 10.6.1 Overview
    • 10.6.2 Personal Healthcare: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)

11. Biomedical Sensors Market Revenue and Forecasts to 2027 - Geographical Analysis

  • 11.1 North America: Biomedical Sensors Market
    • 11.1.1 Overview
    • 11.1.2 North America: Biomedical Sensors Market, by Country, 2019 & 2027 (%)
    • 11.1.3 US: Biomedical Sensors Market - Revenue and Forecast to 2027 (USD Million)
      • 11.1.3.1 US: Biomedical Sensors Market - Revenue and Forecast to 2027 (USD Million)
      • 11.1.3.2 US Biomedical Sensors Market, by Type - Revenue and Forecast to 2027 (USD Million)
      • 11.1.3.3 US Biomedical Sensors Market, by Sensor Type - Revenue and Forecast to 2027 (USD Million)
      • 11.1.3.4 US Biomedical Sensors Market, by Product - Revenue and Forecast to 2027 (USD Million)
      • 11.1.3.5 US Biomedical Sensors Market, by Application - Revenue and Forecast to 2027 (USD Million)
    • 11.1.4 Canada: Biomedical Sensors Market - Revenue and Forecast to 2027 (USD Million)
      • 11.1.4.1 Canada: Biomedical Sensors Market - Revenue and Forecast to 2027 (USD Million)
      • 11.1.4.2 Canada Biomedical Sensors Market, by Type - Revenue and Forecast to 2027 (USD Million)
      • 11.1.4.3 Canada Biomedical Sensors Market, by Sensor Type - Revenue and Forecast to 2027 (USD Million)
      • 11.1.4.4 Canada Biomedical Sensors Market, by Product - Revenue and Forecast to 2027 (USD Million)
      • 11.1.4.5 Canada Biomedical Sensors Market, by Application - Revenue and Forecast to 2027 (USD Million)
    • 11.1.5 Mexico: Biomedical Sensors Market - Revenue and Forecast to 2027 (USD Million)
      • 11.1.5.1 Mexico: Biomedical Sensors Market - Revenue and Forecast to 2027 (USD Million)
      • 11.1.5.2 Mexico Biomedical Sensors Market, by Type - Revenue and Forecast to 2027 (USD Million)
      • 11.1.5.3 Mexico Biomedical Sensors Market, by Sensor Type - Revenue and Forecast to 2027 (USD Million)
      • 11.1.5.4 Mexico Biomedical Sensors Market, by Product - Revenue and Forecast to 2027 (USD Million)
      • 11.1.5.5 Mexico Biomedical Sensors Market, by Application - Revenue and Forecast to 2027 (USD Million)

12. Impact Of COVID-19 Pandemic on North America Biomedical Sensors Market

  • 12.1 North America: Impact Assessment of COVID-19 Pandemic

13. Industry Landscape

  • 13.1 Overview
  • 13.3 Organic Developments
    • 13.3.1 Overview
  • 13.4 Inorganic Developments
    • 13.4.1 Overview

14. COMPANY PROFILES

  • 14.1 Analog Devices, Inc.
    • 14.1.1 Key Facts
    • 14.1.2 Business Description
    • 14.1.3 Products and Services
    • 14.1.4 Financial Overview
    • 14.1.5 SWOT Analysis
    • 14.1.6 Key Developments
  • 14.2 Honeywell International Inc.
    • 14.2.1 Key Facts
    • 14.2.2 Business Description
    • 14.2.3 Products and Services
    • 14.2.4 Financial Overview
    • 14.2.5 SWOT Analysis
    • 14.2.6 Key Developments
  • 14.3 Medtronic
    • 14.3.1 Key Facts
    • 14.3.2 Business Description
    • 14.3.3 Products and Services
    • 14.3.4 Financial Overview
    • 14.3.5 SWOT Analysis
    • 14.3.6 Key Developments
  • 14.4 NXP SEMICONDUCTORS N.V.
    • 14.4.1 Key Facts
    • 14.4.2 Business Description
    • 14.4.3 Products and Services
    • 14.4.4 Financial Overview
    • 14.4.5 SWOT Analysis
    • 14.4.6 Key Developments
  • 14.5 Pinnacle Technology Inc.
    • 14.5.1 Key Facts
    • 14.5.2 Business Description
    • 14.5.3 Products and Services
    • 14.5.4 Financial Overview
    • 14.5.5 SWOT Analysis
    • 14.5.6 Key Developments
  • 14.6 Sensirion AG
    • 14.6.1 Key Facts
    • 14.6.2 Business Description
    • 14.6.3 Products and Services
    • 14.6.4 Financial Overview
    • 14.6.5 SWOT Analysis
    • 14.6.6 Key Developments
  • 14.7 TE Connectivity Ltd.
    • 14.7.1 Key Facts
    • 14.7.2 Business Description
    • 14.7.3 Products and Services
    • 14.7.4 Financial Overview
    • 14.7.5 SWOT Analysis
    • 14.7.6 Key Developments
  • 14.8 Texas Instruments Incorporated
    • 14.8.1 Key Facts
    • 14.8.2 Business Description
    • 14.8.3 Products and Services
    • 14.8.4 Financial Overview
    • 14.8.5 SWOT Analysis
    • 14.8.6 Key Developments
  • 14.9 STMicroelectronics N.V.
    • 14.9.1 Key Facts
    • 14.9.2 Business Description
    • 14.9.3 Products and Services
    • 14.9.4 Financial Overview
    • 14.9.5 SWOT Analysis
    • 14.9.6 Key Developments
  • 14.10 General Electric Company
    • 14.10.1 Key Facts
    • 14.10.2 Business Description
    • 14.10.3 Products and Services
    • 14.10.4 Financial Overview
    • 14.10.5 SWOT Analysis
    • 14.10.6 Key Developments

15. Appendix

  • 15.1 About the Insight Partners
  • 15.2 Glossary of Terms
Product Code: TIPRE00022139

List Of Tables

  • Table 1. US Biomedical Sensors Market, by Type - Revenue and Forecast to 2027 (USD Million)
  • Table 2. US Biomedical Sensors Market, by Sensor Type - Revenue and Forecast to 2027 (USD Million)
  • Table 3. US Biomedical Sensors Market, by Product - Revenue and Forecast to 2027 (USD Million)
  • Table 4. US Biomedical Sensors Market, by Application - Revenue and Forecast to 2027 (USD Million)
  • Table 5. Canada Biomedical Sensors Market, by Type - Revenue and Forecast to 2027 (USD Million)
  • Table 6. Canada Biomedical Sensors Market, by Sensor Type - Revenue and Forecast to 2027 (USD Million)
  • Table 7. Canada Biomedical Sensors Market, by Product - Revenue and Forecast to 2027 (USD Million)
  • Table 8. Canada Biomedical Sensors Market, by Application - Revenue and Forecast to 2027 (USD Million)
  • Table 9. Mexico Biomedical Sensors Market, by Type - Revenue and Forecast to 2027 (USD Million)
  • Table 10. Mexico Biomedical Sensors Market, by Sensor Type - Revenue and Forecast to 2027 (USD Million)
  • Table 11. Mexico Biomedical Sensors Market, by Product - Revenue and Forecast to 2027 (USD Million)
  • Table 12. Mexico Biomedical Sensors Market, by Application - Revenue and Forecast to 2027 (USD Million)
  • Table 13. Organic Developments Done By Companies
  • Table 14. Inorganic Developments Done By Companies
  • Table 15. Glossary of Terms, Biomedical Sensors Market

List Of Figures

  • Figure 1. Biomedical Sensors Market Segmentation
  • Figure 2. North America Biomedical Sensors Market Overview
  • Figure 3. Temperature Segment Held Largest Share of Sensor Type in Biomedical Sensors Market
  • Figure 4. Medical Diagnostics Segment Held Largest Share of Application in Biomedical Sensors Market
  • Figure 5. US is Expected to Show Remarkable Growth During the Forecast Period
  • Figure 6. Biomedical Sensors Market - North America PEST Analysis
  • Figure 7. Biomedical Sensors Market Impact Analysis of Driver and Restraints
  • Figure 8. North America Biomedical Sensors Market - Revenue Forecasts and Analysis - 2019- 2027
  • Figure 9. Biomedical Sensors Market Revenue Share, by Type (2019 and 2027)
  • Figure 10. Wired Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 11. Wireless Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 12. Biomedical Sensors Market Revenue Share, by Sensor Type (2019 and 2027)
  • Figure 13. Temperature Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 14. Pressure Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 15. Image Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 16. Biochemical Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 17. Inertial Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 18. Motion Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 19. Electrocardiogram: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 20. Other Sensor Type : Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 21. Biomedical Sensors Market Share, by Product, 2019 and 2027 (%)
  • Figure 22. Invasive Sensors: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 23. Non-Invasive Sensors: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 24. Biomedical Sensors Market Share, by Application, 2019 and 2027 (%)
  • Figure 25. Medical Diagnostic: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 26. Clinical Therapy: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 27. Imaging: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 28. Personal Healthcare: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 29. North America: Biomedical Sensors Market, by Key Country - Revenue (2019) (USD Million)
  • Figure 30. North America: Biomedical Sensors Market, by Country, 2019 & 2027 (%)
  • Figure 31. US: Biomedical Sensors Market - Revenue and Forecast to 2027 (USD Million)
  • Figure 32. Canada: Biomedical Sensors Market - Revenue and Forecast to 2027 (USD Million)
  • Figure 33. Mexico: Biomedical Sensors Market - Revenue and Forecast to 2027 (USD Million)
  • Figure 34. Impact of COVID-19 Pandemic in North American Country Markets
  • Figure 35. Growth Strategies Done by the Companies in the Market, (%)
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